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Search Results for "rail"

BHP shuts iron-ore operations after fatality

By: Esmarie Iannucci     8th February 2023 Diversified miner BHP has reported a fatality at its rail yard in Port Hedland. The company said on Wednesday that its Western Australia Iron Ore operations have been suspended for a period of 24 hours following the incident. 

Ramaphosa determined to remove all impediments in way of sustained mining growth

By: Martin Creamer     7th February 2023 The Presidency is determined to remove all impediments in the way of the sustained growth of the South African mining industry, President Cyril Ramaphosa told the Investing in African Mining Indaba on Tuesday, where it drew full auditorium applause. In addition, Minerals Council South Africa... 

Energy transition offers great opportunities to Africa, but constraints are significant

By: Rebecca Campbell     7th February 2023 The global transition to low- and zero-carbon energy sources was a once-in-a-generation opportunity for Africa, just as the original Industrial Revolution had been for the West, highlighted Bushveld Minerals CEO Fortune Mojepalo at the Invest in African Mining Indaba 2023 conference in Cape Town.... 

Sasol’s shares fall as it warns of mixed interim results

By: Darren Parker     7th February 2023 Chemicals and energy group Sasol’s share price on the JSE fell by nearly 9% on February 7 after it said it was likely to report a mixed set of results for the six months ended December 31, 2022. During the interim period, Sasol benefitted from a stronger oil price, better refining margins and a... 

Magnetite Mines finds port solution for Razorback

By: Esmarie Iannucci     7th February 2023 Junior Magnetite Mines has signed a non-binding memorandum of understanding (MoU) with Whyalla Ports, part of the GFG Alliance, to investigate the use of port handling and shipping facilities to export magnetite concentrate from the Razorback iron-ore project, in South Australia. Export... 

Minerals Council's Roger Baxter encouraged by board-level engagement with Transnet

By: Martin Creamer     6th February 2023 Minerals Council South Africa CEO Roger Baxter said on Monday that the council is encouraged by the board level engagement it has undertaken so far with State rail enterprise Transnet and is hoping that this engagement will deliver some very specific results in stabilising rail performance in the... 

South Africa’s coal export snags worsen as rail shipments slump

By: Bloomberg     6th February 2023 Rail disruptions on the key line to Africa’s biggest coal-export terminal are intensifying, choking off more than half the fuel the facility is capable of shipping. Deliveries to Richards Bay Coal Terminal on South Africa’s east coast slumped to a three-decade low of 50.4-million tons in 2022 as... 

Record year for mineral production marred by persistent issues, Minerals Council says

By: Tasneem Bulbulia     6th February 2023 The value of South African mineral production achieved a record high for the second consecutive year in 2022, but underlying mining’s considerable contribution to the country’s economy and its citizens, warning lights are flashing for the sector because of constrained transport logistics,... 

Thungela diversifying with Australian coal mine acquisition

By: Tasneem Bulbulia     3rd February 2023 JSE-listed Thungela Resources has entered into agreements to acquire a controlling interest in the Ensham coal mine, an operating thermal coal asset, in Queensland, Australia. Thungela has, subject to regulatory approvals, entered into an agreement with Audley Energy and Mayfair Corporations... 

Serious challenges face the South African junior coal mining sector

By: Rebecca Campbell     3rd February 2023 The major problems facing the junior and emerging coal mining sector in South Africa were finance, a dysfunctional regulator and logistical difficulties. These were highlighted in a panel discussion at the Southern African Coal Conference, in Cape Town, on Friday. Minerals Council Junior and... 

Farmers seek new deal as loadshedding threatens industry and food security 

By: Marleny Arnoldi     3rd February 2023 The impact of loadshedding on the agriculture sector is evident at all levels of operation, including logistics and cold chain management, which necessitates urgent responses from farmers and government, lest food security and export sales are put at risk. A report by Nova Economics estimates... 

Kumba marks six fatality-free years, but warns of lower full-year earnings

By: Darren Parker     2nd February 2023 Iron-ore producer Kumba Iron Ore has marked a significant milestone in its safety performance by achieving more than six years of fatality-free production. The company said on February 2 that the safety record was the result of maintaining a focus on improving safety measures and promoting a... 

Australian regulator to review short-seller report on India's Adani

By: Reuters     2nd February 2023 Australia's corporate regulator said on Wednesday it will review a short-seller report that has flagged a wide range of concerns about India's Adani Group. Hindenburg Research, a well-known US short-seller, last week accused the group of improper use of offshore tax havens and cited concerns... 

Rio signs cooperation agreement with Canadian First Nation

By: Esmarie Iannucci     1st February 2023 Diversified miner Rio Tinto, through its Iron Ore Company of Canada (ICO) has signed an agreement with the Naskapi Nation of Kawawachikamach to establish a mutually beneficial relationship based on dialogue, collaboration and trust between the company and the community over the coming decades.... 

Intervention urgent to resolve rail, port problems, says Business Leadership South Africa

By: Martin Creamer     30th January 2023 Urgent intervention is required to resolve the problems of South Africa’s freight rail system and ports, says Business Leadership South Africa (BLSA)CEO Busi Mavuso, who in this week’s BLSA newsletter describes the coal export slump through Richards Bay Coal Terminal (RBCT) as startling. “The... 

BHP weighs early end to NSW coal mine

By: Esmarie Iannucci     30th January 2023 Mining major BHP is reportedly mulling the closure of its Mt Arthur coal mine, in New South Wales, ahead of its 2030 target. The ABC on Monday reported that BHP had told some 2 000 staff at the mine that it might need to bring forward the closure, on the back of state government’s coal... 

On-The-Air (27/01/2023) 

By: Creamer Media Reporter      27th January 2023 This week Martin Creamer discusses green hydrogen, a low-emission ship, cable theft. 

Opinion: Better infrastructure can help South Africa escape low growth

In this article, Royal HaskoningDHV smart mobility director Bongani Mthombeni-Möller writes about the infrastructure challenges facing South Africa and what can be done to solve these for the benefit of the country's economy.  

African mining investors see opportunity amid rising insecurity and recession fears

By: Nadine James     27th January 2023 The “world’s largest investment conference”, the Investing in African Mining Indaba, looks to entice investors to Cape Town’s International Convention Centre in hopes of righting “Africa’s myriad economies” following successive years of geopolitical shifts and economic disruptions, says... 

African mining investors see opportunity amid rising insecurity and recession fears

By: Nadine James     27th January 2023 The “world’s largest investment conference”, the Investing in African Mining Indaba, looks to entice investors to Cape Town’s International Convention Centre in hopes of righting “Africa’s myriad economies” following successive years of geopolitical shifts and economic disruptions, says... 

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